New Technology and Economic Development Zone in Shijak - Operating period, 35 years. What activities will be carried out?
The government has approved the declaration of a technology and economic development zone, as well as the developers of the zone located in Xhafzotaj, Shijak, thus paving the way for a strategic investment for the industrial and technological development of the country.
But what will be the activities that will take place in the new technology and economic development zone?
According to the decision of the Council of Ministers, proposed by the Ministry of Culture and Innovation, it is envisaged that a series of economic activities will be developed within this zone, which are of the following types: manufacturing industry; vehicle and spare parts industry; information and communication technology (ICT) industry; electrical and electronic equipment industry; energy products industry; heavy industry; light industry and agro-processing; processing and storage of goods; trade and export-import; services; other industries, in accordance with Albanian legislation.
Meanwhile, the company "VERTIGO", sh.pk, is announced as the developer of the technology and economic development zone.
Also, the extent, boundaries, entry and exit points of the technology and economic development zone are determined in the master plan attached to this decision. The territory where this center will be built has an area of 135,215 m2 and the period of operation of the zone is 35 years, with the right of renewal up to 99 years.
This area is expected to become an important center for the development of modern industries and will contribute to increasing employment, improving infrastructure, and attracting investment.
Poll

The 'free fall' in the exchange rate continues - What happened to the major currencies today?
The US dollar has not managed to change its declining curve for some time now, even this Thursday, as it was bought today compared to yesterday at 86 lek and......

US and China, trade talks in Geneva - Meeting between the two superpowers will focus on reducing tariffs
US Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's economic czar and Vice Premier He Lifeng in Switzerland this......

Fine of 60 thousand lek for NGOs - Draft law: In case of non-declaration or false data, both businesses are sanctioned
Non-profit organizations that declare false data or fail to declare changes to data will be fined 60 thousand lekë. The Ministry of Justice has issued for......

EU "cuts off" Russian energy - Member states must stop buying oil and gas by 2027
The European Union has set 2027 as the deadline by which the 27 member states must gradually phase out purchases of Russian energy, particularly from......

7.24 billion lek for the military forces throughout 2024 - For salaries or services, an average soldier received 1.8 million lek
The Ministry of Defense has published its monitoring report for last year, which shows that around 7.24 billion lek were spent on military personnel. This......

Accident compensation drops by 3.7% - AMF: Insurance companies paid fewer claims in the first quarter
In the first three months of 2025, insurance companies have paid fewer claims. About 1.9 billion lek is the amount of claims paid by insurance companies in......

Skechers is being sold for 9.4 billion USD - The company's decision comes due to high US tariffs
Skechers has agreed to be sold to 3G Capital for $9.42 billion in the largest athletic shoe industry acquisition to date, exiting the public markets after 26......

"We completed the reconstruction after the earthquake" - Rama, in Fushë Krujë: PS comes to you with its head held high
Prime Minister and Socialist Party Leader Edi Rama has asked the residents of Fushë Kruja for their support for the May 11 elections. He said that, after......